Introduction and Seeking Advice on T-12s

[William J Anderson]

Hi Everyone,

I’m new to the BiggerPockets community and excited to connect with all of you! A little about me: I’m a new real estate investor diving into the world of property management and eager to learn as much as I can. I’ve already realized how much there is to know, and I’m grateful for spaces like this where experienced investors share their wisdom.

Right now, I’m working on getting a better understanding of T-12s (Trailing Twelve-Month Financial Statements). I know they’re an essential tool for analyzing a property’s financial performance, but I want to ensure I’m approaching them correctly.

Could anyone share examples of what a good T-12 looks like or highlight key items I should make sure are always included? Are there any specific tips or insights you’ve found helpful when reviewing or creating a T-12?

I’m here to learn and grow, so any advice or resources you’re willing to share would be incredibly appreciated. Thank you in advance for your time and for welcoming me into this community!

Looking forward to connecting and learning from all of you.

Best regards,

[Drew Sygit]

@William J Anderson you want assistance in analyzing T-12s for the purpose of purchasing a property?

If so, as @Brandon Weis mentioned, they come in all "shapes & sizes".

You'll get more assistance if you post an example here and ask more specific questions about it:)